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Air Arabia Records Second Quarter Net Profit

Air Arabia announced strong financial and operational results for the second quarter of this year ending June 30, as the Middle East and North Africa’s first and largest low-cost carrier continued to deliver robust and sustained performance.

The strong second quarter financial results were backed by solid growth in passenger demand with Air Arabia serving over three million passengers from its four hubs in the UAE, Morocco and Egypt, an increase of 16 percent compared to 2,59 million passengers carried in the same quarter in 2018.

The average seat load factor – or passengers carried as a percentage of available seats – for the same quarter stood at an impressive 84 percent.

H.E. Abdullah Bin Mohamed Al Thani, chairman, Air Arabia said, “We are glad the strong Air Arabia performance witnessed in the first quarter of this year continued in the second quarter driven by our cost control measures, improved yield margins and strong passenger demand”.